Journalize the entries to record the following:

June 1		Established a petty cash fund of $200.
30		The amount of cash in the petty cash fund is now $57. The fund is replenished based on the following receipts: postage, $25; entertainment, $100; and miscellaneous, $20.

Record any discrepancy in the cash short and over account.

If an amount box does not require an entry, leave it blank.

June 1	Postage Expense
30